Godfrey Memorial Library in Middletown, Connecticut (CT)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Connecticut
| Godfrey Memorial Library | |
| Employer Identification Number (EIN) | 060655485 |
| Name of Organization | Godfrey Memorial Library |
| Address | 134 Newfield St, Middletown, CT 06457-2534 |
| Activities | Library, School, college, trade school, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 07/1952 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,007,714 |
| Amount of Income | $250,985 |
| Form 990 Revenue Amount | $979,427 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $299,242 | $11,418 | $211,736 | |
| Contributions, gifts, grants, etc., received | $87,506 | |||
| Interest on savings and temporary cash investments | $1,311 | |||
| Dividends and interest from securities | $10,107 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $45,408 | |||
| Gross sales less returns and allowances | $44,941 | |||
| Less: Cost of goods sold | $467 | |||
| Other income | $154,910 | |||
| Total expenses and disbursements | $318,528 | $4,657 | $0 | $289,947 |
| Compensation of officers, directors, trustees, etc. | $49,038 | |||
| Total operating and administrative expenses | $318,528 | $4,657 | $289,947 | |
| Contributions, gifts, grants paid | $0 | |||
| Excess of revenue over expenses and disbursements | $-19,286 | |||
| Net investment income | $6,761 | |||
| Adjusted net income | $211,736 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,017,469 | $1,523,698 |
| Cash - non-interest-bearing | $88,985 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $432,530 | |
| Investments-corporate bonds | $15,000 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $480,954 | |
| Total liabilities | $2,900 | |
| Mortgages and other notes payable | $0 | |
| Other | $2,900 | |
| Total liabilities and net assets/fund balances | $1,014,569 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $135 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $135 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $1,038,324 |
| Net value of noncharitable-use assets | $1,022,740 |
| Minimum investment return | $51,137 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Connecticut | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Glen R Dash Charitable Foundation | PO BOX 729, Woodstock, CT 06281-0729 | CT | 1998-06 | $921,949 |
| 2 | Glenbrook Athletic Club Inc | 937 Hope St, Stamford, CT 06907-2202 | CT | 1972-01 | $177,946 |
| 3 | Glenbrooke Swim Club Inc | PO BOX 380041, East Hartford, CT 06138-0041 | CT | 1964-07 | $171,718 |
| 4 | Glendower Group Inc | 360 Orange St, New Haven, CT 06511-6403 | CT | 2002-06 | $5,834,963 |
| 5 | Glenville Child Care Inc | 33 Riversville Rd, Greenwich, CT 06831-3627 | CT | 1995-05 | $145,785 |
| 6 | Glenville Volunteer Fire Company Inc | 266 Glenville Rd, Greenwich, CT 06831-4150 | CT | 2004-04 | $42,611 |
| 7 | Global African Ministry Inc | 106 Russ St Ste 1, Hartford, CT 06106-1432 | CT | 2008-04 | $0 |
| 8 | Social Enterprises Trust Inc | 99 Pratt St, Hartford, CT 06103-1607 | CT | 2004-11 | $850,298 |
| 9 | Global Organization Of People Of Indian Origin Inc | 100 Briar Brae Rd, Stamford, CT 06903-1722 | CT | 1994-06 | $99,620 |
| 10 | Glory For All Nations Inc | PO BOX 1981, New Britain, CT 06050-1981 | CT | 2002-07 | $61,661 |
| 11 | Godfrey Memorial Library | 134 Newfield St, Middletown, CT 06457-2534 | CT | 1952-07 | $250,985 |
| 12 | Godparents Association Inc | 409 Waldemere Avenue, Bridgeport, CT 06604 | CT | 1998-12 | $0 |
| 13 | Gold Antitrust Action Committee Inc | 7 Villa Louisa Rd, Bolton, CT 06043-7541 | CT | 1999-07 | $258,710 |
| 14 | Golden Age Of Trucking Museum Inc | PO BOX 1435, Middlebury, CT 06762-7435 | CT | 2000-03 | $3,455 |
| 15 | Golden Hill Foundation Inc | 2 Trap Falls Road, Shelton, CT 06484-4616 | CT | 1981-09 | $226,302 |
| 16 | Golden Opportunity Networks Inc | One Riverside Rd, Sandy Hook, CT 06482-1281 | CT | 2007-06 | $93,548 |
| 17 | Goldman Family Foundation Inc | 30 Buxton Farms Rd Ste 325, Stamford, CT 06905-1224 | CT | 2001-12 | $67,346 |
| 18 | Golf Club Of Avon Inc | 160 Country Club Rd, Avon, CT 06001-2504 | CT | 1962-02 | $6,191,725 |
| 19 | Golf For Good | 8 Kings Ln, Essex, CT 06426-1012 | CT | 2005-11 | $0 |
| 20 | Golf Fore The Kids Inc | 35 Farmbrook Ln, South Windsor, CT 06074-2886 | CT | 2006-05 | $66,995 |
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